ProBuild Holdings, continuing to ride a wave of recent acquisitions, has purchased the assets of Northeast Panel & Truss and Collins Truss Systems, manufacturers of roof and floor trusses and wall panels.
Terms of the deal were not disclosed.
Kingston, N.Y.-based Northeast Panel & Truss is a full service manufacturer of truss and wall panels. Founded in 2000, the company has built a distribution network into the Hudson Valley, a market ProBuild currently serves from 10 locations.
“This acquisition allows ProBuild to extend our truss capabilities to national and regional builders in our Hudson Valley markets,” explained Buddy Ables, president of ProBuild’s East region.
“Our people are looking forward to becoming an important extension of the Hudson Valley ProBuild team, an organization that will provide our employees with long-term growth opportunities,” added Ed Collins, owner of Northeast Panel & Truss and Collins Truss Systems.
ProBuild Holdings currently operates more than 560 lumber and building product distribution, manufacturing and assembly centers in 41 states.